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<h1>Registration fees for credit rating agencies must be paid within prescribed periods and via SEBI's online payment route.</h1> SEBI prescribes an application fee and a registration fee payable on grant of registration, together with a recurring registration fee payable every three years to keep registration in force; the recurring fee is payable one month before expiry of the paid block and payments must be made by direct credit through SEBI's payment gateway or other authorized electronic modes.